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Bitcoin and XRP Await the Fed After CLARITY Act's Failure: Another Blow Coming?

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Bitcoin and XRP Await the Fed After CLARITY Act's Failure: Another Blow Coming?

Crypto markets are bracing for the Federal Reserve’s (Fed) rate decision on September 16, just a day after the CLARITY Act failed to advance in the Senate. XRP dropped nearly 10% toward $1.30, Bitcoin slipped below $76,000, and more than $300 million in leveraged positions got liquidated within minutes. Why the CLARITY Act Vote Failed The post Bitcoin and XRP Await the Fed After CLARITY Act's Failure: Another Blow Coming? appeared first on BeInCrypto.

Key Takeaways

  1. Crypto markets are bracing for the Federal Reserve’s (Fed) rate decision on September 16, just a day after the CLARITY Act failed to advance in the Senate.
  2. XRP dropped nearly 10% toward $1.30, Bitcoin slipped below $76,000, and more than $300 million in leveraged positions got liquidated within minutes.
  3. Why the CLARITY Act Vote Failed The post Bitcoin and XRP Await the Fed After CLARITY Act's Failure: Another Blow Coming?
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.